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Updated: 2 hours 52 min ago

$1M Settlement: Lawyer Finds Path Beyond Policy Limits

Tue, 2024-05-28 15:47

"The (prejudgment remedy) is what triggered the conversation for us to be able to get the defendant to pay something above and beyond the $1 million policy, because all other avenues were leading back to the $1 million policy itself," plaintiffs counsel Christopher Cramer said.

       

White & Case Named in $1.83B Lawsuit Tied to Malaysia State Fund Scandal

Tue, 2024-05-28 15:45

1MDB states that it was misled into believing that PetroSaudi was owned by the late Saudi King Abdullah.

       

White & Case Named in $1.83B Lawsuit Tied to Malaysia State Fund Scandal

Tue, 2024-05-28 15:45

1MDB states that it was misled into believing that PetroSaudi was owned by the late Saudi King Abdullah.

       

A&O Shearman's Fuse Incubator Announces 8th Cohort of Startups

Tue, 2024-05-28 15:35

In addition to legal tech startups, this year's Fuse cohort includes many companies innovating with blockchain technology.

       

Freeman Mathis & Gary Saw Revenue, Profits Rise Alongside Head Count in 2023

Tue, 2024-05-28 15:29

"Gross revenue increases don't tell me anything other than they reflect that we're bigger than we were last year," managing partner Ben Mathis Jr. said.

       

Attorneys Secure $8.6M Settlement in Cautionary Tale for Real Estate Managers

Tue, 2024-05-28 15:24

"Commercial real estate residential housing is a huge business, and these people know they are having these problems," said Michael Haggard, the managing partner at the Haggard Law Firm.

       

'Astonishing': Kaplan Sentences FTX Executive to 7.5 Years for Role in Campaign Finance Fraud

Tue, 2024-05-28 15:07

Prosecutors asked that Ryan Salame receive a sentence of five to seven years, while defense counsel from Mayer Brown argued that a lower sentence of 18 months would be appropriate.

       

DC Circuit Panel Picked to Hear Challenge to Law Forcing TikTok's Sale or Shutdown

Tue, 2024-05-28 15:01

The law had bipartisan support amid lawmakers' concerns about national security posed by TikTok. But TikTok contends Congress provided no proof that the video app is or could be misused by the Chinese government.

       

Judges Keep Stepping Down From Jeff Davis' Election Case

Tue, 2024-05-28 13:47

At least two Fulton County judges have recused from deciding a motion to stay certification of the statewide election of Jeff Davis to the Georgia Court of Appeals.

       

Supreme Court Wades Into San Francisco's Sewage Fight With EPA

Tue, 2024-05-28 11:58

According to the city, the EPA's ocean wastewater permit contains "generic" prohibitions on violating applicable water standards without specifying exactly how much pollution can occur without risking enforcement under the federal Clean Water Act.

       

'Acceptance' of Return-to-Work Policies Permeates Big Law

Tue, 2024-05-28 11:36

"What we found was, the majority of law firms aren't forcing people back to the office full time (and are) not being particularly strident in their enforcement, and lawyers are saying, 'Oh, this strikes a good balance,'" one analyst said.

       

State Appellate Court Rejects Police Officer's Claim That Day-to-Night Shift Resulted in Adverse Employment Action

Tue, 2024-05-28 10:56

Associate Justice Gabrielle Wolohojian wrote that while the transfer could constitute an adverse employment action, with such issues as a lifestyle change and family life balance, there was no factual showing to support the union's claim.

       

Tenth Circuit Reinforces Plain Meaning Rule in IRS Church Audit Protections Case

Tue, 2024-05-28 09:16

The court held that special audit procedures in I.R.C. Section 7611 designed to protect churches' First Amendment rights do not constrain the IRS's power to obtain records via third-party summonses in investigating churches.

       

Former GE Legal Chief to Join Paul Weiss

Tue, 2024-05-28 09:00

Michael Holston said one of the draws of Paul Weiss was the opportunity to work with Scott Barshay, chair of the firm's Corporate Department. "I think Scott is the best M&A lawyer in the world," Holston said.

       

Prologis' 30-Year Legal Chief to Exit After Helping Build $100B Powerhouse

Tue, 2024-05-28 08:29

The market value of the industrial real estate developer has grown more than 20-fold since Edward Nekritz came aboard in 1995 as its first in-house attorney.

       

'A Lot of Outrage': Privacy Suits Allege GM Steers Driver Data to Insurers

Tue, 2024-05-28 07:00

About two dozen class actions allege General Motors is gathering data about drivers without their consent, and then sending it to insurance companies, which raise their rates.

       

Compliance With Title IX: NCAA Settlement Could Bring Additional Challenges for Colleges

Tue, 2024-05-28 05:00

"The schools are going to be incentivized to pay players for sports that are particularly lucrative, like football and basketball," Jason W. Gordon, a partner with Reed Smith, said. "But how do they address parity and compliance with Title IX? The schools have to work that out and figure out a model that will attract the top talent while also complying with the law."

       

Largest Law Firms Increase Partner Pay Spread, as Comp Models Hit 'Inflection Point'

Tue, 2024-05-28 05:00

The Am Law 100 upped its average equity partner pay spread from 9.8-to-1 in 2022 to 10.3-to-1 in 2023, according to a sample of firms' data.

       

Retiring Kane Russell Director Sets a 'Gold Standard' for Succession Planning

Tue, 2024-05-28 05:00

When Marcy Rothman, a director at Kane Russell Coleman Logan, retires at the end of May, she will have spent about five years preparing her team to seamlessly represent her clients.

       

Are Companies Given Deferred-Prosecution Deals Scared Straight? Boeing Odyssey Adds to Doubts

Tue, 2024-05-28 00:49

"Stronger compliance is needed to actually fix entrenched misconduct," said Brandon Garrett, author of "Too Big to Jail: How Prosecutors Compromise With Corporations."

       

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